MULTITERRA
ActiveSummary
The computed 12-month bankruptcy probability of MULTITERRA is 3.5% (moderate). The 2024 annual accounts show negative equity (-€23,812) and a net result of -€736. Equity remains stable across the filed fiscal years (±1.1% per year). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 6 accounts on average 35 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 6,940 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,940 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €2,087 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €64 | €64 | €64 | - | - | - |
| Other operating charges640/8 | - | €578 | €579 | €662 | - | - |
| Gross operating margin9900 | -€811 | -€625 | €359 | €12,903 | -€682 | ▼ 105% |
| Operating profit (loss)9901 | -€1,453 | -€1,268 | -€284 | €12,241 | -€682 | ▼ 106% |
| Financial income75/76B | - | - | - | €0 | - | - |
| Recurring financial income75 | - | - | - | €0 | - | - |
| Financial charges65/66B | - | €48 | €54 | €54 | €54 | = |
| Recurring financial charges65 | €111 | €48 | €54 | €54 | €54 | = |
| Profit (loss) for the period before taxes9903 | -€1,564 | -€1,316 | -€338 | €12,187 | -€736 | ▼ 106% |
| Profit (loss) for the period9904 | -€1,564 | -€1,316 | -€338 | €12,187 | -€736 | ▼ 106% |
| Profit (loss) for the period to be appropriated9905 | -€1,564 | -€1,316 | -€338 | €12,187 | -€736 | ▼ 106% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2,669 | €1,385 | €1,035 | €9,677 | €762 | ▼ 92.1% |
| Formation expenses20 | €0 | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €129 | €64 | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €129 | €64 | €0 | €0 | €0 | - |
| Plant, machinery and equipment23 | - | €64 | €0 | €0 | €0 | - |
| Furniture and vehicles24 | - | €0 | €0 | €0 | - | - |
| Current assets29/58 | €2,540 | €1,321 | €1,035 | €9,677 | €762 | ▼ 92.1% |
| Amounts receivable within one year40/41 | €394 | €327 | €135 | €3,773 | €0 | ▼ 100% |
| Trade receivables40 | - | €0 | €0 | €3,773 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €327 | €135 | €0 | - | - |
| Cash at bank and in hand54/58 | €1,583 | €466 | €475 | €5,904 | €762 | ▼ 87.1% |
| Deferred charges and accrued income490/1 | - | €528 | €425 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2,669 | €1,385 | €1,035 | €9,677 | €762 | ▼ 92.1% |
| Equity10/15 | -€33,608 | -€34,924 | -€35,262 | -€23,075 | -€23,812 | ▼ 3.2% |
| Contributions10/11 | - | €39,400 | €39,400 | €39,400 | €39,400 | = |
| Profit (loss) carried forward14 | -€73,008 | -€74,324 | -€74,662 | -€62,475 | -€63,212 | ▼ 1.2% |
| Amounts payable17/49 | €36,277 | €36,309 | €36,297 | €32,753 | €24,573 | ▼ 25.0% |
| Amounts payable within one year42/48 | €36,277 | €36,309 | €36,297 | €32,753 | €24,573 | ▼ 25.0% |
| Trade debts44 | €100 | €132 | €120 | €3,420 | €452 | ▼ 86.8% |
| Suppliers440/4 | - | €132 | €120 | €3,420 | €452 | ▼ 86.8% |
| Taxes, remuneration and social security45 | - | €56 | €56 | €1,212 | €0 | ▼ 100% |
| Taxes450/3 | - | €56 | €56 | €1,212 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €36,121 | €36,121 | €28,121 | €24,121 | ▼ 14.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,564 | -€1,316 | -€338 | €12,187 | -€736 | ▼ 106% |
| + Depreciation and write-downs630 | €64 | €64 | €64 | - | - | - |
| Operating cash flow (approximation) | -€1,500 | -€1,251 | -€274 | €12,187 | -€736 | ▼ 106% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€1,118 | €10 | €5,429 | -€5,143 | ▼ 195% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62106B0961/00E006 | Wallonia | 829 m² | 1 · 124 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
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